Jack in black: 12 years on, Twitter finally makes a profit from its firehose of memes and misery

www.theregister.co.uk | 2/8/2018 | Staff
donuzumaki (Posted by) Level 3
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After 11 years and seven months in operation, and billions and billions of dollars in losses, Twitter today said it is, at long last, a profitable business.

The shoutfest broker of memes, sarcasm, news, jokes, harassment, Russian trolls, and so so much wailing, declared it had, for the first time ever, managed to make money in a quarter. For the three months to December 31, 2017, we're told:

Sales - Cent - Q4 - Estimates

It recorded sales of $732m, up two per cent from Q4 2016 and well ahead of estimates of $686m.

A profit of $91m, the first time Twitter has managed to have a net income without resorting to non-GAAP accounting. Good for them.

Year - Twitter

For the full year, Twitter was still a...
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